OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

Capital Raises

Capital Raises

Capital Raises Summary

Each week, Viridian publishes insights and analysis on completed capital raise transactions in the prior week, focusing on all equity and debt deals. Our analysis includes:

  • Summary
  • Outlook
  • Best & Worst Perfromers

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YTD Analysis

  • YTD capital raises totaled $763.38M, down 11.3% from the same period in 2023. Debt as a percentage of capital raised dropped to 34.3% from 61.1% in the previous year on a worldwide basis. The U.S. bucked this trend with 58.8% of capital raised in debt compared to 49.4% in 2023.
  • U.S. raises accounted for 41.7% of total funds, the lowest percentage since 2019. Conversely, raises from outside the U.S. represented a historically high 10.1% of the total funds raised.
  • YTD raises by public companies accounted for 64.7% of total funds.

This weeks Sector Focus

Capital Raises vs Stock Prices

  • Cannabis equities (as measured by the MSOS ETF) ended down 3.52% for the week.